NOT LISTED FOR SALE

114 Teross Ln Troutman, NC 28166

Estimated Value: $360,000 - $474,000

4 Beds
3 Baths
2,305 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $330,000 $143 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,299/month

149 Days on Market

Highlights

  • Stables
  • Open Floorplan
  • Wooded Lot
  • Lakeshore Elementary School Rated A-
  • Private Lot
  • Cathedral Ceiling

About This Home

As of October 2021

This beautifully remodeled home with 1.3 acres, a pasture and stable is ready for its new owner. From the open living space with plenty of bright natural light to the spa-like master bath and oversized rooms, prepare to be impressed. The home welcomes you with a large wrap around porch and built in raised garden bed. The glass doors lead you in to the living area with cathedral ceilings, exposed beams and accent walls, no details were spared. The office space has a one-of a kind privacy wall with open shelving. Don't miss the owner's retreat including two walk-in closets and master bath beautifully designed with LED illuminated rock feature where you can soak in the deep tub or enjoy the separate shower. The kitchen is a chef's dream built with plenty of storage, an exhaust vent and the seller is offering a $5000 appliance credit to select the 48" professional range of your choice. Storage shed is wired with working lights and outlets. Privacy fence on the left leads to the pasture.

Last Agent to Sell the Property

Lauren Robertson

Keller Williams South Park License #306124 Listed on: 11/12/2020

Keller Williams South Park

Co-Listed By

Matt Briggs

Keller Williams South Park License #277052

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Storage Room
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Farming

  • Pasture
  • Fenced For Cattle

Additional Features

  • Shed
  • Stables
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4649-48-1264.000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94286
  • Ratio Close Price By Original Li: 0.86842
  • Ratio Current Price By Acre: 246268.66
  • Ratio Current Price By Sq Ft: 143.17
  • Year Built: 1961
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Exhaust Hood, Microwave
  • Flooring: Laminate Wood
  • Interior Amenities: Cathedral Ceiling(s), Garden Tub, Open Floorplan, Split BR Plan, Storage Unit, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 2305
  • Total Sq Ft: 2305

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Pasture, Fenced Yard, Shed(s), Stable, Storage Unit

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Pasture, Private, Trees, Wooded
  • Lot Size Area: 1.340
  • Parcel Number: 4649-48-1264.000
  • Zoning Specification: RA

Tax Info

  • Tax Value: 67410.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Oct 13, 2021
Sold by
F2m Properties Llc
Bought by
Merkel Jeff Allen
Seller's Agent
Lauren Robertson
Keller Williams South Park
Buyer's Agent
Non Member
Canopy Administration
List Price
$380,000
Sold Price
$330,000
Premium/Discount to List
-$50,000
-13.16%
Current Estimated Value
$402,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,116
Avg. Annual Appreciation
5.07%
Original Mortgage
$318,986
Outstanding Balance
$290,885
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$111,231

Purchase Details

Listed on
Nov 5, 2019
Closed on
Jan 31, 2020
Sold by
United States Of America
Bought by
F2m Properties Llc
Seller's Agent
Zach Johnson
The Swicegood Group Inc
Buyer's Agent
Allison Watkins
ENRG Global Realty LLC
List Price
$51,700
Sold Price
$66,500
Premium/Discount to List
$14,800
28.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.79%
Original Mortgage
$154,000
Interest Rate
13.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2013
Sold by
Medina Francisco Herrera and Giullen Leticia Sanchez
Bought by
Maldonado-Rendon David and Deabernethy Maria Del Rocio

Purchase Details

Closed on
Oct 21, 2005
Sold by
Barger Bobby Charles and Barger Vickie L
Bought by
Medina Francisco Herrera and Guillen Leticia Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 1986
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merkel Jeff Allen $330,000 None Available
F2m Properties Llc $66,500 None Available
Maldonado-Rendon David -- None Available
Medina Francisco Herrera $50,000 --
-- -- --
-- $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Jeff Allen $318,986
Previous Owner F2m Properties Llc $154,000
Previous Owner Medina Francisco Herrera $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2021 10/21/21 Sold $330,000 -5.7% $143 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
03/27/2021 03/27/21 Price Changed $350,000 -7.9% $152 / Sq Ft
11/12/2020 11/12/20 For Sale $380,000 +471.4% $165 / Sq Ft
01/31/2020 01/31/20 Sold $66,500 +28.6% $30 / Sq Ft View Prior Sale
11/30/2019 11/30/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $51,700 -- $23 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,001 $319,890 $28,000 $291,890
2023 $1,979 $319,890 $28,000 $291,890
2022 $1,323 $198,130 $15,480 $182,650
2021 $479 $67,410 $9,290 $58,120
2020 $479 $67,410 $9,290 $58,120
2019 $462 $67,410 $9,290 $58,120
2018 $464 $69,030 $9,290 $59,740
2017 $464 $69,030 $9,290 $59,740
2016 $464 $69,030 $9,290 $59,740
2015 $451 $66,780 $9,290 $57,490
2014 $359 $55,780 $9,290 $46,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3681026

Canopy MLS (Canopy Realtor® Association)

APN: 4649-48-1264.000